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Jan 23, 2013 1:00pm EST
new pursuit. >>> welcome back to "power lunch." we have been extending the debt ceiling and it does appear though the vote is going on, with 280 votes it does have the votes it needs to pass. that means republicanes have been successful, at least so far in their plan to reverse the order here of the fiscal fights in washington. preferring politically to fight over the battle on the sequester, rather than the battle on the debt ceiling itself. which raises the prospect on the default of the nation's obligations. the sequester, much safer political ground and looks like republicans will be able to proceed with that fight because it looks like the senate will take this up and pass it and looks like the president of the united states has signalled we will sign it. so sue, that's the status from washington. >> eamon, they are watching washington very closely here on wall street. to bertha coombs now. >> already it's traded three times its average daily volume over the last ten days. a note saying the sail of safeway canada has been discussed for years but speculation is getting even loud
Jan 23, 2013 5:00pm EST
speaker boehner for his leadership in defusing a site over the debt ceiling debate. as i said before, not everything has to be a big fight. this proposal they have in the house is that worth fighting about. so again, i think the speaker for his work in this regard. the metaclass has been telling us they don't want another crisis in this showcase send the security they deserve. senator durbin. >> thank you, mr. leader. america is suffering from confrontation fatigue. they've had enough of it. they want us to solve the problems and challenges facing our nation. they certainly don't want to see america default on its debt for the first time in its history. they don't want to see the interest rate go up on the debt we have to pay. as sharon murray can tell you, for every 1% are interest rate goes up because of confrontations and doomsday scenarios, because the american tax years $1 trillion over 10 years, $1 trillion. for this confrontation fatigue across america has led to some dramatic rethinking in the house of representatives. today the vote in the house of representatives such an im
Search Results 0 to 1 of about 2